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Corridor Platforms partners with Clairvoyant to launch AI credit decisioning platform

“Corridor Platforms spun out of Corridor Funds, a credit analytics company Gupta helped to launch last year” writes Kyle Wiggers for venturebeat.com. Corridor Platforms, a New York-based risk management software provider, today announced a machine learning-powered credit risk management platform for small and midsize banks, built in partnership with Clairvoyant.Corridor Platforms’ tools allow banks to compare strategies and “instantaneously” evaluate risk.Laws like the Equal Credit Opportunity Act require banks to prove that they’re not discriminating based on traits like gender or race, which the opaqueness of AI algorithms makes difficult.
 
Source: venturebeat.com



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